Energy myths - battling for better energy choices and lower prices
August 7, 2008
The phrase “drill here, drill now, pay less” has become a popular in the past few weeks. Sure, if we open up exploration now, it will take some time for the oil to actually start flowing, but just a commitment to drill here and drill now will lower the price of fuel immediately. We know this as fact.
Jim Vicevich - radio host at WTIC 1080 in Hartford - just started updating his blog again and posted a few good links. If you’re up to arguing the point with those who think windmills are the answer, Vicevich provides a link over to Investor’s Business Daily (IBD) and an editorial entitled Energy Myths. Read more
Confirmed? Raising minimum wage increases unemployment
August 2, 2008
Here’s another great new learning opportunity for readers. If you owned a small business that employed 10 teenagers, how important is the payroll line in your budget? A majority of teens make minimum wage while they scoop ice cream, mow lawns and work at fast food joints.
Many of these employees are paid more than minimum wage depending on the going rate in the area, but this morning I was reminded of the minimum wage increase that Congress passed and the president signed a few years ago. The minimum (federal) wage went from $5.15 to $6.55 per hour in two years, and you may be curious if that change could be related to the unemployment rate of teenagers. Of course it is. Read more
Your wallet - the only place Democrats want to drill
July 25, 2008
Great bumper sticker now available through the Tennessee Republican Party. It will be the second popular catch phrase coming from the increased cost of fuel and liberals refusing to drill anywhere, at anytime.
Of course, they don’t ever seem to have a problem drilling into our wallets to redistribute wealth. First we’ve got the Drill Here, Drill Now, Pay Less petition - almost 1.4 million have signed - and now we’ve got this cool bumper sticker. Read more
How to lower oil prices right now - Yes. We. Can.
July 2, 2008
Barack Obama does not have any answers. All that he and his Democrat followers can do is blame the increase in gas prices on Big Oil, the war in Iraq, and Republicans that refuse to “invest” in new technology so we can “get off” our addiction to oil.
Of course, it doesn’t help that Dick Cheney used to be the CEO of Halliburton and George W. Bush has all of those buddies that are in the oil industry; but why mix fiction with fiction.
So what can be done today so we start seeing a reduction in fuel prices tomorrow? Read more
$4 Gas - Who Hurts, Who Wins?
June 25, 2008
The buyers are hurting you’d say, and you’d be right. But oddly enough so are many of the sellers. Yep, the gas station owners. Some are hurting to the point of going out of business.
The why of this, revolves around a business model that sets it’s profit in cents per gallon (about 8 to 12) and is limited in range by the need to compete with the station across the way. Nothing will prompt a fill-up at the competition faster than a sign with a lower price per gallon. Read more
